Head of Compliance & MLRO (Ref: 191838)

About Us

Our client is a global financial technology company providing international payments, FX risk management, and cash management solutions to businesses around the world. They combine technology and expertise to help clients operate seamlessly across borders. As the firm continues to expand across North America, they are seeking an experienced Compliance leader to oversee all regulatory compliance and AML activity in Canada.

Job Description

The Head of Compliance & MLRO will serve as the primary compliance authority for the Canadian entity, ensuring full adherence to local regulatory requirements and acting as the main point of contact for Canadian regulators. This individual will oversee all aspects of regulatory compliance, AML, and CFT, working closely with the global compliance function to align local frameworks with global standards.

This is a hands on position suited to someone who thrives in a fast paced fintech environment. The successful candidate will be responsible for maintaining the integrity of the Canadian branch's compliance program and driving a strong culture of regulatory excellence.

Key Responsibilities

• Serve as the principal advisor on all Canadian compliance, AML, and CFT matters
• Hold the role of Money Laundering Reporting Officer (MLRO) for the Canadian branch
• Act as the key liaison with FINTRAC, OSFI, and other Canadian regulatory bodies
• Implement, maintain, and tailor the Compliance Control Framework for Canada in collaboration with global teams
• Advise business units on regulatory requirements and compliance best practices
• Monitor and interpret regulatory changes, updating policies and controls accordingly
• Oversee preparation and submission of all regulatory reports and filings
• Lead the Compliance Monitoring Program and ensure effective risk assessment processes
• Manage STRs, high risk client escalations, and other AML related disclosures
• Partner with onboarding and financial operations teams to ensure robust KYC and due diligence standards
• Provide compliance training and promote a culture of risk awareness across the business
• Participate in regulatory and industry forums to stay current with evolving standards

Requirements

• Extensive experience in compliance within financial services, with a strong focus on the Canadian regulatory environment
• Prior experience as a Compliance Officer and MLRO, ideally within a fintech or payments business
• Deep knowledge of FINTRAC, OSFI, and Canadian AML/CTF frameworks
• Bachelor's degree in Law or a related field (Law degree preferred)
• Relevant professional certifications such as CAMS or equivalent AML qualifications
• Proven ability to manage regulatory relationships and deliver on compliance obligations
• Excellent analytical, problem solving, and stakeholder management skills
• Comfortable working autonomously in a fast moving, dynamic environment
• Strong proficiency with digital tools including Microsoft Office or Google Suite
• Fluency in English required (French proficiency is an asset)

Other

This role is best suited to a hands on compliance professional with strong regulatory knowledge and the confidence to manage all aspects of compliance for the Canadian business. The successful candidate will act as the primary contact for regulators and will play a key role in ensuring the company maintains its strong reputation for compliance and integrity.